The Bloc

Analysis

The Bloc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, The Bloc reported income of $1.7m and spending of $1.3m, leaving 23% of income unspent that year. Across the 4 years on record, from July 2019 to July 2023, income grew from $207k to $1.7m (+712%), an average of +101% a year. The sharpest change came in the year to July 2022, when income rose by 297%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Bloc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Our Daughters International ($1.7m), Agricultural & Applied Economics Association ($1.7m) and Streets Ministries Inc ($1.7m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $660k. At year end it held assets of $834k against liabilities of $20k, net assets of $814k. It reported 17 employees.